$100,000
Available Funding
- Up to $100,000
Overview
Global supply chains have only grown more complex and fragile, making disruptions—like port delays or factory shutdowns—extraordinarily costly. A startup dedicated to offering supply chain risk coverage, underwritten by Nexus Mutual, could integrate real-time monitoring technology (e.g., IoT devices) to detect and confirm disruptions. Once an issue is verified, smart contracts could trigger rapid claims payouts, minimizing the red tape that commonly plagues traditional insurance and get the money back to the policyholder faster.
In 2025, many industries will be seeking to automate as many processes as possible to maintain competitive advantage. Nexus Mutual’s decentralized pool mechanism allows risk to be distributed effectively, reducing premium costs and increasing trust in coverage. Additionally, as supply chain professionals seek greater clarity and control over disruptions, a blockchain-based system ensures transparency and verifiability at every step, a compelling reason to integrate with Nexus Mutual’s platform.
How to Apply
You can fill out the Nexus Mutual Grants Application and share your grant submission.
For further details or questions, please contact BraveNewDeFi